boing.world is one of the many independent Mastodon servers you can use to participate in the fediverse.
A gateway into the global open conversation in the fediverse, for Boing folks and anyone they know. If you're friends with someone here, or the event, or were at the fabled old place, come join us.

Administered by:

Server stats:

3
active users

Debts that can't be paid, won't be paid.

Cory Doctorow is brilliant here, talking about how debt eats up a society until it's paying more in interest than it earns and so collapses, or alternatively how inequality in a society grows until it costs more to guard the wealth than the wealth has, so it collapses.

I don't really have any debt any more but I think regular jubilees would be a good thing. You'd have to pace them randomly so nobody knew when it was coming, but you could have like a 1/50 chance every new-year that all debt it wiped out. Something like that.

Cory is amazing. He writes a blog filled with great ideas and links like this pretty much every day. I can't even get the time to *read* them all, let alone write them. How the hell does he do it?

pluralistic.net/2021/09/29/jub

pluralistic.netPluralistic: 29 Sep 2021 – Pluralistic: Daily links from Cory Doctorow